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Sunday, November 11, 2012

Petro Daily Newsletter

 
Headline ScanMonday -- November 12, 2012
US stocks, oil rebound on strong consumer data
Parliament panel to study oil pricing mechanism
ONGC Videsh profit drops by 39% in Apr-Sept
Lanka to buy oil from S'pore spot market
France could invest with Libya in Petroplus: minister
Company, not dealer, liable for defects in LPG cylinder
Compliance plate now must for CNG vehicles
Factories under lens for buying oil stolen from IOC pipeline
Road map soon on oil imports, says Moily
Want to see India join Afghan trade pact with Pak: Karzai
J&K : New subsidized connections banned
Cairn JV to invest $100 mn to drill deeper well in KG basin
U.S. limits oil-shale development in Rocky Mountains
Opec trims forecasts on oil demand
Iraq warns Russia's Gazprom over Kurdistan oil deals
Armenia and Iran in talks to build oil products pipeline
Pakistan, Qatar agree on cooperation in energy, trade
Qatar capable of facing shale gas challenges: Sada
See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.
 
US stocks, oil rebound on strong consumer data
NEW YORK - Stocks later trimmed gains after President Barack Obama said any deal with Congress to avert a fiscal crisis must come with higher tax...
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Parliament panel to study oil pricing mechanism
NEW DELHI, The Parliament's Standing Committee on Finance, headed by veteran BJP leader Yashwant Sinha, has decided to study the petroleum pricin...
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ONGC Videsh profit drops by 39% in Apr-Sept
New Delhi: ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), reported a 39 percent drop in net profit for the fir...
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Lanka to buy oil from S'pore spot market
Spot purchases in the Singapore market are among options the Government is looking at to ensure continued fuel supplies, Petroleum Industries Min...
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France could invest with Libya in Petroplus: minister
France could co-invest alongside Libya's sovereign wealth fund if the wealth fund takes over insolvent Swiss refiner Petroplus' plant in Normandy...
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Company, not dealer, liable for defects in LPG cylinder
Lakshmi had two gas cylinders of Hindustan Petroluem (HP), supplied by Vinaynagar Gas Agencies, the local dealer. While one was in use, the extra...
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Compliance plate now must for CNG vehicles
HYDERABAD: Come November 30 and fuel outlets may deny compressed natural gas (CNG) to cars/vehicles not sporting the required compliance plates. ...
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Factories under lens for buying oil stolen from IOC pipeline
JAIPUR: Several factories in Jaipur are under the police scanner for buying crude oil that was siphoned off from the Jamnagar-Mathura IOC pipelin...
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Road map soon on oil imports, says Moily
'5 to 40 per cent of requirement can be met from indigenous deposits'. Petroleum Minister M. Veerappa Moily on Sunday said one of his goals was t...
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Want to see India join Afghan trade pact with Pak: Karzai
Afghanistan would like India included in its trade and transit agreement with Pakistan, in force since 2011, which would allow India to use Pakis...
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J&K : New subsidized connections banned
Srinagar, Oil companies operating in the Valley have imposed a ban on new subsidized LPG connections instead they are "forcing" consumers to purc...
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Cairn JV to invest $100 mn to drill deeper well in KG basin
Hyderabad, Cairn India and its joint venture partners of Ravva fields are planning to invest about $100 million to drill a deeper well in the Kri...
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U.S. limits oil-shale development in Rocky Mountains
SALT LAKE CITY -- The U.S. Department of the Interior scaled back a Bush administration plan Friday to lease Western range lands for development ...
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Opec trims forecasts on oil demand
London: The Organisation of Petroleum Exporting Countries (Opec) on Friday trimmed forecasts of demand for its own crude over economic concerns a...
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Iraq warns Russia's Gazprom over Kurdistan oil deals
Iraq has warned Russia's Gazprom Neft to quit oil deals with the country's autonomous Kurdistan or pull out of its contract for the Badra oilfiel...
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Armenia and Iran in talks to build oil products pipeline
RIA Novosti reported that Armenia and Iran are discussing joint projects to build a rail link and an oil products pipeline. Mr Armen Movsisyan en...
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Pakistan, Qatar agree on cooperation in energy, trade
DOHA, Qatar, Pakistan and Qatar Wednesday agreed to collaborate in energy and trade sectors and discussed ways to resolve formalities for import ...
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Qatar capable of facing shale gas challenges: Sada
DOHA: H E Dr Mohammed bin Saleh Al Sada, the Minister of Energy and Industry and Chairman and Managing Director of Qatar Petroleum (QP), has said...
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